Home :: Search :: Results :: Detailed View

Description

Currently Under Offer This property is offered for lease as a going concern with a last reported turnover of £ 200,000 New Lease on FRI terms Asking Rent: £ 18,000 Last verified 21 July 2008 The landlord is willing to enter into a standard Full Repairing and Insuring Lease for a term to be agreed incorporating regular rent reviews at an initial rental of £18,000 per annum The current business and bar has a projected turnover of around £200,000 per annum post refurbishment. This has significant potential to be increased with the addition of hotel rooms upstairs and prudent hands on style management. Further details are available upon application to the marketing agents.

Comments
The subjects comprise a substantial stone built Public House premises with residential accommodation above, arranged over the ground, first and second floors of a substantial end-terraced stone built premises, pointed externally, under a pitched and slated roof. There is an extension to the rear of the property which is cavity brick built and roughcast externally, under a flat felt roof.
Internally, the subjects comprise a front bar/bistro area with sanded and varnished floor, part wood panelled and part papered walls under a panelled and painted ceiling. This area benefits from a fully fitted bar and there is W.C and kitchen facilities at this level
A further seating area/restaurant has carpeted solid floors and part panelled and part papered walls. This area has again been finished to a high standard and has seating for approximately 15 covers.
The owners accommodation/hotel rooms at first and second floor levels is currently being refurbished and will provide high quality modern rooms with the relevant toilet and kitchen facilities.
In addition, the property benefits from hotel licence.
The subject property is located on the east side of Bridge Street which continues into School Road to the north and forms part of the A1107 trunk road through the village.
The subject property is located within the village centre and neighbouring occupiers in close proximity include a Spar, The Anchor Inn and James French & Sons, Mechanics Garage.
Coldingham is an established East Lothian coastal village, located just off the A1 trunk road which leads traffic east and south of Edinburgh towards Berwick-upon-Tweed and the English/Scottish border. Coldingham is located on the A1107 just off the A1 approximately 10 miles to the north of Berwick-upon-Tweed.

Property Parts
Bar / Restaurant 503 Sq Feet
Kitchen 177 Sq Feet
Stores / Cellar 238 Sq Feet
Bar / Bistro 918 Sq Feet
First Floor 1,014 Sq Feet
Second Floor 333 Sq Feet
Owners Accommodation 1,347 Sq Feet
Total Area 2,265 Sq Feet

Features
Multi-storey Layout
15 Covers
Licensed

Notice
Unless otherwise indicated, all information displayed is copyright © 2008 Scottish Property Network Limited.  Information provided, including information on any property identified as available for sale, lease or disposal can not be guaranteed accurate and should not be regarded as an offer to sell, lease, or otherwise dispose of that property.